Mega Uranium (TSE:MGA) Stock Jumps 3.4% – Here’s What Happened

Mega Uranium Ltd. (TSE:MGA – Get Free Report) traded up 3.4% on Friday. The stock traded as high as C$0.47 and last traded at C$0.46. Approximately 530,478 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 890,180 shares. The stock had previously closed at C$0.44.

Mega Uranium Trading Up 3.4%

The firm has a market cap of C$175.13 million, a price-to-earnings ratio of 22.75 and a beta of 1.83. The company has a debt-to-equity ratio of 8.23, a current ratio of 1.45 and a quick ratio of 11.36. The business has a 50-day moving average of C$0.52 and a 200-day moving average of C$0.60.

Mega Uranium (TSE:MGA – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.01 earnings per share for the quarter. Research analysts anticipate that Mega Uranium Ltd. will post 5.16 EPS for the current year.

About Mega Uranium

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Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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